v3.26.1
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables provide information by level for assets and liabilities that are measured at fair value on a recurring and nonrecurring basis:
December 31, 2025
Level 1Level 2Level 3Total
(In thousands)
Financial Assets
Money market funds$4,339 $— $— $4,339 
U.S. Treasury bills— 69,491 — 69,491 
Total$4,339 $69,491 $— $73,830 
December 31, 2024
Level 1Level 2Level 3Total
(In thousands)
Financial Assets
Money market funds$5,632 $— $— $5,632 
U.S. Treasury bills— 104,510 — 104,510 
Total$5,632 $104,510 $— $110,142 
Financial Liabilities
Contingent consideration$— $— $948 $948 
Schedule of Reconciliation of Level 3 Financial Liabilities
The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities (in thousands):
Level 3 Financial Liabilities
Fair value, beginning balance as of December 31, 2023
$4,858 
Change in fair value(3,910)
Fair value, ending balance as of December 31, 2024
948 
Change in fair value(948)
Fair value, ending balance as of December 31, 2025
$—